Sunday, January 30, 2011

How Long Until I Can Buy Another Home?

Don`t feel alone if you have lost your home to foreclosure, If your loan on the house you lost was an FHA loan, you should be able to get a new loan in three years, if it was conventional, it will take about four years. Look at this as a new start to your financials, hopefully all this has made you a wiser person, so keep your credit clean for the next seven years. All the best to you in the meantime!

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